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Car Rental Market Size, Share, Trends and Analysis by Customer Type (Business and Leisure), Rental Location (Airport and Non-Airport), Rental Sales by
Posted By Richardwilliam 771 days ago on News
The global car rental market size will be valued at $97.3 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 10.6% over the forecast period. The car rental (hiring of a passenger vehicle for self-drive, which includes cars and small vans, by both business and leisure travelers for the short-term duration; excluding leasing and long-term rentals) market has evolved intensely in recent years and is expected to develop further. In addition, the recovery of the tourism industry is expected to drive the car rental market demand over the forecast period.
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